Missouri SB1361 creates the Second Amendment Financial Privacy Act.
Missouri SB1361, known as the Second Amendment Financial Privacy Act, prohibits financial institutions from requiring firearms retailers to use a specific merchant category code that identifies them as such. It also prohibits financial institutions from disclosing financial records related to firearms transactions without a good-faith belief that the disclosure is required by law. The attorney general can investigate and pursue injunctions against violations, with potential civil penalties for non-compliance.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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